Bank of Maharashtra Rises as Deposits Surge 13% YoY in Q4FY25

Ganpat Singh Chouhan

Mumbai, India Shares of Bank of Maharashtra edged higher on Tuesday following the release of strong quarterly financial data. The state-run lender reported a 13.45% year-on-year growth in total deposits, reaching ₹3,07,152 crore for the quarter ended March 31, 2025 (Q4FY25), compared to ₹2,70,747 crore in Q4FY24.

The bank’s scrip was trading at ₹44.22, up 1.38% or ₹0.60 from the previous close on the Bombay Stock Exchange (BSE). It opened the day at ₹44.94 and touched an intraday high of ₹45.75.

Strong Growth in Deposits and Advances

According to the provisional figures, term deposits stood at ₹2,79,007 crore as of December 31, 2024, and witnessed a steady increase by March-end. The Current Account and Savings Account (CASA) deposits grew 14.64% YoY to ₹1,63,669 crore in Q4FY25, up from ₹1,42,774 crore in the same quarter last year. CASA share improved to 53.29%, compared to 52.73% a year earlier.

On the lending front, gross advances surged by 17.84% year-on-year to ₹2,40,007 crore, up from ₹2,03,664 crore. The bank also improved sequentially, with advances rising from ₹2,28,642 crore in Q3FY25.

Market Movement and Stock Performance

The stock has had a volatile week, trading between ₹47.92 and ₹38.11 over the past seven days. It touched a 52-week high of ₹73.50 on June 3, 2024, and a 52-week low of ₹38.11 on April 7, 2025. With a market capitalization of ₹34,550.46 crore, Bank of Maharashtra remains a prominent mid-cap stock in the banking sector.

Promoter holding in the bank remains high at 79.60%, while institutional and retail investors hold 12.41% and 7.99%, respectively.

A Diversified Banking Portfolio

Bank of Maharashtra continues to offer a diverse portfolio of retail banking products including savings and term deposits, personal and educational loans, credit cards, and demat services. The bank also serves agriculture and SME sectors, further strengthening its reach across India’s rural and semi-urban economy.

Author Profile

Ganpat Singh Chouhan: My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.